Civic Intelligence

Watts Learning Center Foundation Inc.

990 • Fiscal year 2019 • EIN 33-0768316

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

310 W 95th StreetLos Angeles, CA 90003

(323) 754-9900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

11th percentile

0.02x

Higher debt load relative to revenue than 11% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

61st percentile

6.9%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$166,626

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

52nd percentile

4.1%

Faster asset growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$9,631,134

Up $383,455 (+4.1%) from 2018

Net Assets

Up

$9,369,063

Up $771,418 (+9.0%) from 2018

Liabilities

Down

$262,071

Down $387,963 (-60%) from 2018

Revenue

Up

$11,232,582

Up $1,246,989 (+12%) from 2018

Expenses

Up

$10,461,164

Up $1,339,489 (+15%) from 2018

Net Income

Down

$771,418

Down $92,500 (-11%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $2,013,274Liabilities 2012: $650,472Net Assets 2012: $1,362,8022012Assets 2013: $3,346,175Liabilities 2013: $578,793Net Assets 2013: $2,767,3822013Assets 2014: $4,374,518Liabilities 2014: $653,567Net Assets 2014: $3,720,9512014Assets 2015: $5,476,241Liabilities 2015: $782,425Net Assets 2015: $4,693,8162015Assets 2016: $7,008,881Liabilities 2016: $326,378Net Assets 2016: $6,682,5032016Assets 2017: $7,921,347Liabilities 2017: $187,620Net Assets 2017: $7,733,7272017Assets 2018: $9,247,679Liabilities 2018: $650,034Net Assets 2018: $8,597,6452018Assets 2019: $9,631,134Liabilities 2019: $262,071Net Assets 2019: $9,369,0632019Assets 2020: $11,225,256Liabilities 2020: $558,798Net Assets 2020: $10,666,4582020Assets 2021: $12,816,305Liabilities 2021: $1,464,009Net Assets 2021: $11,352,2962021Assets 2022: $15,348,896Liabilities 2022: $2,541,407Net Assets 2022: $12,807,4892022Assets 2023: $21,102,853Liabilities 2023: $7,130,347Net Assets 2023: $13,972,5062023Assets 2024: $21,813,716Liabilities 2024: $6,592,932Net Assets 2024: $15,220,7842024Assets 2025: $19,738,000Liabilities 2025: $4,446,082Net Assets 2025: $15,291,9182025

Highlighted filing

2019

Assets$9,631,134
Liabilities$262,071
Net Assets$9,369,063

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2012: $4,774,2462012Expenses 2013: $5,559,7832013Revenue 2014: $6,921,134Expenses 2014: $5,967,565Net Income 2014: $953,5692014Revenue 2015: $7,435,555Expenses 2015: $6,462,690Net Income 2015: $972,8652015Revenue 2016: $8,905,523Expenses 2016: $6,916,836Net Income 2016: $1,988,6872016Revenue 2017: $9,704,984Expenses 2017: $8,653,760Net Income 2017: $1,051,2242017Revenue 2018: $9,985,593Expenses 2018: $9,121,675Net Income 2018: $863,9182018Revenue 2019: $11,232,582Expenses 2019: $10,461,164Net Income 2019: $771,4182019Revenue 2020: $10,740,138Expenses 2020: $9,442,743Net Income 2020: $1,297,3952020Revenue 2021: $11,641,464Expenses 2021: $10,955,626Net Income 2021: $685,8382021Revenue 2022: $13,454,698Expenses 2022: $11,999,505Net Income 2022: $1,455,1932022Revenue 2023: $14,055,682Expenses 2023: $12,890,665Net Income 2023: $1,165,0172023Revenue 2024: $15,973,975Expenses 2024: $14,725,697Net Income 2024: $1,248,2782024Revenue 2025: $15,965,288Expenses 2025: $15,894,154Net Income 2025: $71,1342025

Highlighted filing

2019

Revenue$11,232,582
Expenses$10,461,164
Net Income$771,418
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$11,232,582
Mission and Program Overview

Mission

The watts learning center will build on the success of head start and other pre-school programs by creating a culture of learning in which all stakeholders - students, parents or guardians, faculty and staff have clearly defined roles and expectations.

The watts learning center is an independent public charter elementary and middle school in the inner city of los angeles. Our goal is to provide a world-class education and to achieve optimum learning among our students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,510,970$6,037,520▼ $473,450
Accounts Receivable$775,633$1,551,297▲ $775,664
Prepaid Expenses and Deferred Charges$68,635$147,631▲ $78,996
Land, Buildings, and Equipment, Net$134,370$137,160▲ $2,790
Total Assets$9,247,679$9,631,134▲ $383,455
Other Assets Total$1,758,071$1,757,526▼ $545
Liabilities
Accounts Payable and Accrued Expenses$650,034$253,266▼ $396,768
Deferred Revenue-$8,805-
Total Liabilities$650,034$262,071▼ $387,963
Net Assets / Fund Balance
Unrestricted Net Assets$8,372,731$9,349,784▲ $977,053
Temporarily Rstr Net Assets$224,914$19,279▼ $205,635
Permanently Rstr Net Assets$0--
Total Net Assets Fund Balance$8,597,645$9,369,063▲ $771,418
Total Liabilities and Net Assets / Fund Balance$9,247,679$9,631,134▲ $383,455

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$137,160$343,499$480,659
Other Assets Org$1,757,526--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly BaptisteDirector-elementary SchoolFT$121,038$45,588$166,626
Miguel GamboaDirector-middle SchoolFT$63,871$41,980$105,851

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Better 4 U BreakfastFood Serivces5743 SMITHWAY ST SUITE 103, Commerce, CA 90040$508,618
Blackwall ConstructionConstruction12345 VENTURA BLVD, Studio City, CA 91604$400,736
Star INCAfterschool Provider10101 JEFFERSON, Culver City, CA 90232$204,218
Excellent EducationBack Office Service11858 LA GRANGE AVE, Los Angeles, CA 90025$157,322
Comprehensive Therapy AssociatesSpecial Education111 N JACKSON ST SUITE 202, Glendale, CA 91306$114,944
Revenue and Support

Revenue Composition

Contributions and Grants
$11,232,582
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$144,189
Change in Net Assets
$771,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,208,749
Other Expenses$4,252,415
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,757,846$550,751-$4,308,597
Payroll Taxes$862,777$191,268-$1,054,045
Occupancy$861,337$132,985-$994,322
Fees for Services Other$699,406$188,050-$887,456
Other Employee Benefits$774,493$71,614-$846,107
All Other Expenses$139,460$319,278-$458,738
Other Expenses$272,260--$272,260
Fees for Services Accounting-$213,693-$213,693
Depreciation Depletion$48,050--$48,050
Office Expenses-$45,914-$45,914
Information Technology-$44,153-$44,153
Insurance-$41,426-$41,426
Travel-$10,727-$10,727
Advertising-$5,670-$5,670
Total Functional Expenses$8,645,635$1,815,529$0$10,461,164
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have a committee with authority to act on its behalf.

Form 990, Part VI, Section B, Line 11B

The form 990 will be given to the board members for review and approval

Form 990, Part VI, Section B, Line 12C

All members must disclose annually any conflicts of interest, which are monitored by the executive director and the board. If a conflict arises the board member is asked to excuse himself or herself from all discussions and voting on the issue.

Form 990, Part VI, Section B, Line 15

Board committee reviewed comparable non-profit education salaries before determining executive director and principal's salaries

Form 990, Part VI, Section C, Line 18

All tax returns are available upon request at the organization's location

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are available upon request at the organization's location during normal business hours.

Filing and Contact Details

Filer

Filer Name
Watts Learning Center Foundation Inc
EIN
33-0768316
Phone
3237549900
Address
310 W 95TH STREET, LOS ANGELES, CA 90003

Signing Officer

Name
Eugene L Fisher
Title
President
Phone
3237549900
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene L Fisher
Formed
1997
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
119
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
10681 FOOTHILL BLVD STE 300, RANCHO CUCAMONGA, CA 91730-3831
Preparer
Catherine L Gray
Phone
9094664410
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The corporation and the llc have adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740, that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.

Raw XML AppendixShowing 400 of 525 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0650034
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0253266
IRS990/AccountsReceivableGrp/BOYAmt0775633
IRS990/AccountsReceivableGrp/EOYAmt01551297
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE WATTS LEARNING CENTER IS AN INDEPENDENT PUBLIC CHARTER ELEMENTARY AND MIDDLE SCHOOL IN THE INNER CITY OF LOS ANGELES. OUR GOAL IS TO PROVIDE A WORLD-CLASS EDUCATION AND TO ACHIEVE OPTIMUM LEARNING AMONG OUR STUDENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05670
IRS990/AdvertisingGrp/TotalAmt05670
IRS990/AllOtherContributionsAmt0144189
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0319278
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0139460
IRS990/AllOtherExpensesGrp/TotalAmt0458738
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WATTS LEARNING CENTER INC
IRS990/BooksInCareOfDetail/PhoneNum03237549900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 W 95TH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090003
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0508618
IRS990/ContractorCompensationGrp/CompensationAmt1400736
IRS990/ContractorCompensationGrp/CompensationAmt2204218
IRS990/ContractorCompensationGrp/CompensationAmt3157322
IRS990/ContractorCompensationGrp/CompensationAmt4114944
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05743 SMITHWAY ST SUITE 103
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt112345 VENTURA BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt210101 JEFFERSON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt311858 LA GRANGE AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4111 N JACKSON ST SUITE 202
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0COMMERCE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1STUDIO CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CULVER CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4GLENDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd090040
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd191604
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd290232
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd390025
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd491306
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BETTER 4 U BREAKFAST
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BLACKWALL CONSTRUCTION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2STAR INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3EXCELLENT EDUCATION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4COMPREHENSIVE THERAPY ASSOCIATES
IRS990/ContractorCompensationGrp/ServicesDesc0FOOD SERIVCES
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc2AFTERSCHOOL PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc3BACK OFFICE SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc4SPECIAL EDUCATION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011232582
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt04252415
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0771418
IRS990/CYSalariesCompEmpBnftPaidAmt06208749
IRS990/CYTotalExpensesAmt010461164
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011232582
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt08805
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt048050
IRS990/DepreciationDepletionGrp/TotalAmt048050
IRS990/Desc0THE FOUNDATION PROVIDED OVERSIGHT OF THE ACADEMIC,FINANCIAL, HUMAN RESOURCE, MARKETING, PARENT RELATIONS, COMMUNITY RELATIONS, AND FACILITIES OF THE WATTS LEARNING CENTER (A CHARTER SCHOOL OF THE LOS ANGELES UNIFIED SCHOOL DISTRICT). THE FOUNDATION ALSO ASSISTED IN OBTAINING TEMPORARY ADVANCES, LOANS AND GRANTS FROM OTHERS WHICH WERE USED IN THE DEVELOPMENT AND DIRECT SUPPORT OF THE OPERATIONS OF THE SCHOOL. THESE RESOURCES AND ASSISTANCE ALLOWED THE SCHOOL TO OFFER INSTRUCTION FOR KINDERGARTEN,ELEMENTARY AND MIDDLE STUDENTS DURING THE SCHOOL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0119
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08645635
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0213693
IRS990/FeesForServicesAccountingGrp/TotalAmt0213693
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0188050
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0699406
IRS990/FeesForServicesOtherGrp/TotalAmt0887456
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt845588
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt941980
IRS990/Form990PartVIISectionAGrp/PersonNm0EUGENE FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm1DR OWEN KNOX
IRS990/Form990PartVIISectionAGrp/PersonNm2JUSTIN SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID MORA
IRS990/Form990PartVIISectionAGrp/PersonNm4DR DARELL J SCHREGARDUS
IRS990/Form990PartVIISectionAGrp/PersonNm5GLEN POLSON
IRS990/Form990PartVIISectionAGrp/PersonNm6RAO YALAMANCHILI
IRS990/Form990PartVIISectionAGrp/PersonNm7DR TYRONE HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm8KELLY BAPTISTE
IRS990/Form990PartVIISectionAGrp/PersonNm9MIGUEL GAMBOA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8121038
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt963871
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR-ELEMENTARY SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR-MIDDLE SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt011088393
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011232582
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt044153
IRS990/InformationTechnologyGrp/TotalAmt044153
IRS990/InsuranceGrp/ManagementAndGeneralAmt041426
IRS990/InsuranceGrp/TotalAmt041426
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0343499
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0134370
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0137160
IRS990/LandBldgEquipCostOrOtherBssAmt0480659
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WATTS LEARNING CENTER WILL BUILD ON THE SUCCESS OF HEAD START AND OTHER PRE-SCHOOL PROGRAMS BY CREATING A CULTURE OF LEARNING IN WHICH ALL STAKEHOLDERS - STUDENTS, PARENTS OR GUARDIANS, FACULTY AND STAFF - HAVE CLEARLY DEFINED ROLES AND EXPECTATIONS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08597645
IRS990/NetAssetsOrFundBalancesEOYAmt09369063
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0132985
IRS990/OccupancyGrp/ProgramServicesAmt0861337
IRS990/OccupancyGrp/TotalAmt0994322
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045914
IRS990/OfficeExpensesGrp/TotalAmt045914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01758071
IRS990/OtherAssetsTotalGrp/EOYAmt01757526
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt071614
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0774493
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0846107
IRS990/OtherExpensesGrp/Desc0STUDENT NUTRITION
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION FEE
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS AND INSTRUCTI
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0640659
IRS990/OtherExpensesGrp/ProgramServicesAmt1307258
IRS990/OtherExpensesGrp/ProgramServicesAmt2282089
IRS990/OtherExpensesGrp/ProgramServicesAmt3272260
IRS990/OtherExpensesGrp/TotalAmt0640659
IRS990/OtherExpensesGrp/TotalAmt1307258
IRS990/OtherExpensesGrp/TotalAmt2282089
IRS990/OtherExpensesGrp/TotalAmt3272260
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0550751
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03757846
IRS990/OtherSalariesAndWagesGrp/TotalAmt04308597
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0191268
IRS990/PayrollTaxesGrp/ProgramServicesAmt0862777
IRS990/PayrollTaxesGrp/TotalAmt01054045
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068635
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0147631
IRS990/PrincipalOfficerNm0EUGENE L FISHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09985593
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04047753
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0863918
IRS990/PYSalariesCompEmpBnftPaidAmt05073922
IRS990/PYTotalExpensesAmt09121675
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09985593
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0771418
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06510970
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06037520
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011232582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09985593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09704984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08905523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07435555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt047264237
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt047264237
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011232582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09985593
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09704984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08905523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07435555
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt047264237
IRS990ScheduleA/TotalSupportAmt047264237
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137160
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0343499
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0480659
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01757526
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LONG TERM RECEIVABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION AND THE LLC HAVE ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0137160
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01757526
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ENROLLMENT PACKAGES
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0121038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018347
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027241
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KELLY BAPTISTE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR-ELEMENTARY SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0166626
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE GIVEN TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS MUST DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST, WHICH ARE MONITORED BY THE EXECUTIVE DIRECTOR AND THE BOARD. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATION SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR AND PRINCIPAL'S SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.7$4.45$15.3$16.0$15.9$0.07
2024Detailed filing. Detailed filing data is available for this year.$21.8$6.59$15.2$16.0$14.7$1.25
2023Detailed filing. Detailed filing data is available for this year.$21.1$7.13$14.0$14.1$12.9$1.17
2022Detailed filing. Detailed filing data is available for this year.$15.3$2.54$12.8$13.5$12.0$1.46
2021Detailed filing. Detailed filing data is available for this year.$12.8$1.46$11.4$11.6$11.0$0.69
2020Detailed filing. Detailed filing data is available for this year.$11.2$0.56$10.7$10.7$9.44$1.30
2019Detailed filing. Detailed filing data is available for this year.$9.63$0.26$9.37$11.2$10.5$0.77
2018Detailed filing. Detailed filing data is available for this year.$9.25$0.65$8.60$9.99$9.12$0.86
2017Detailed filing. Detailed filing data is available for this year.$7.92$0.19$7.73$9.70$8.65$1.05
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.33$6.68$8.91$6.92$1.99
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.78$4.69$7.44$6.46$0.97
2014Detailed filing. Detailed filing data is available for this year.$4.37$0.65$3.72$6.92$5.97$0.95
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.58$2.77$5.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.65$1.36$4.77